Jigar Shah

speaker

684 appearances 3 recordings 3 series first heard Sep 2024 last heard 29 Apr

Jigar Shah’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Apr 2026 with 1.

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And so he, you know, picked one of the groups to buy that power.

And then that led to, you know, the project becoming financial.

Right.

And so once that succeeded, then you know, Constellation was like, Hell, maybe we could do this.

So for a restart

You generally choose the production tax credit, not the investment tax credit.

And that's because the cost of restarting a reactor is a lot lower than the cost of building a brand new reactor, right?

So you make more money by getting that extra three cents a kilowatt hour for the next, you know, 20 years.

So the math there is you put up, it depends on, you know, where the final cost runs out, but let's call it one to two billion dollars.

To do the restart.

And then you get this three cents kilowatt hour multiplied by the number of kilowatt hours that that plant creates.

And remember, a nuclear power plant runs on average in the United States 92% of the time.

So that's a lot of kilowatt hours that comes out of that plant.

Whereas with a solar farm, you might get 25% of the time production, right?

With a tracking system.

And so the math means that you could get.

almost all of your money back on the one to two billion dollars from the tax credits.

Right.

And then you've got the sale of the power.

Right, that you're signing a long term contract for.

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